Sunset Photography requires a 40% deposit on all bookings. In March, they received deposits for weddings totaling $24,000. What is the total contract value of these bookings?
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What is the total contract value of these bookings
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- Provide solution for the financial accounting ProblemA contractor estimates maintenance costs for a new backhoe to be $500 for the first month with a monthly increase of 0.75%. The contractor can buy a 4-year maintenance contract for $20,000 at any point. If the contract is purchased at the same time as the backhoe is purchased, the dealer has offered a 10% discount. Use i = 1% per month. What should the contractor do?As an independent consultant, you just booked a client for $1,000 per month, with the first payment due 1 month from today. What is the present value of your booking if the payments are contracted to last for 60 months, and the discount rate is 6.6% APR compounded monthly?
- You have been offered a contract to work as a consultant. The company will pay you $6215 per month. In addition, once you complete the work in 4 years, you will receive $46865. Your required return is 6.57%, what is this contract worth today? show all step and fomular. Answerhelp meA gym offers an annual membership for an upfront payment of $1,175. Alternatively, a customer can choose to pay beginning-of-month payments of $110 for 12 months. What monthly compounded rate is the gym charging a customer who selects the monthly payment plan?